AC Risk Parity 7 becomes top 50 alternative UCITS fund

By: Jonathan Boyd | 26 Jan 2012

Aquila Capital’s AC Risk Parity 7 fund has moved into the list of top 50 alternative UCITS funds, according to the Alix Capital UCITS Alternative Index Blue Chip.

The index represents the biggest 50 alternative UCITS funds currently open for investment. The overall UCITS Alternative Index database comprises some 800 UCITS hedge funds and funds of hedge funds with €113bn of assets under management.

The AC Risk Parity 7 becomes the largest quantitative fund in the Blue Chip index. It was recently assigned an AA rating by Standard & Poor’s Capital IQ Fund Research. The fund offers two levels of volatility, the AC Risk Parity 7 and 12, which combined have over $1.5 billion in assets following inflows of over $0.5bn in 2011.

The fund originally launched offshore in 2004 before launching as a UCITS III fund in 2008.

Aquila Capital claims close to $5bn in assets under management overall.

Louis Zanolin, CEO of Alix Capital said: “As of today, the AC Risk Parity is the largest quantitative fund in the UCITS Alternative Index universe. Included in the UCITS Alternative Index Blue Chip since 2010, the Fund has been systematically ranked among the top performing UCITS Macro funds. Its inclusion in the UAI Blue Chip demonstrates investors’ long term interest for its particular investment strategy.”